The BankAmericard® Secured Credit Card lives up to its name. Not only does it help cardholders establish and restore their credit as a secured card, it also provides added security for shopping and banking online.
A minimum deposit of $300 is required to open this account. The maximum credit line, up to $4900, is determined by your income, the amount of the security deposit, and your ability to pay. After 12 months, Bank of America may review your account and give your security deposit back.
This card has no annual fee.